BOTH DIRECTORS AND SHAREHOLDERS. A Shareholder may at the same time be a Director and a Shareholder, in which event such Shareholder’s rights and obligations in each capacity shall be determined separately in accordance with the terms and provisions hereof or as provided in the Delaware Act.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Skybridge G II Fund, LLC), Limited Liability Company Agreement (Skybridge Multi-Adviser Hedge Fund Portfolios LLC), Limited Liability Company Agreement (Skybridge G II Fund, LLC)
BOTH DIRECTORS AND SHAREHOLDERS. A Shareholder may at the same time be a Director and a Shareholder, in which event such Shareholder’s 's rights and obligations in each capacity shall be determined separately in accordance with the terms and provisions hereof or as provided in the Delaware Act.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Citigroup Alternative Investments Multi Adv Hedge Fu Por LLC), Limited Liability Company Agreement (Citigroup Alternative Investments Multi-Adviser Hedge Fund Portfolios (Series M) LLC), Limited Liability Company Agreement (Citigroup Alternative Investments Multi Adv Hedge Fu Por LLC)